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OFFICE AND PROFESSIONAL EMP. INTERN. v. F.D.I.C.

No. 93-5093.

27 F.3d 598 (1994)

OFFICE AND PROFESSIONAL EMPLOYEES INTERNATIONAL UNION, LOCAL 2, Stephen Wilder, Jacqueline Warren, Jean Benjamin, Pamela Bland, Delores Clay, Barbara Samuels, Loretta Scott, Appellants, v. FEDERAL DEPOSIT INSURANCE CORPORATION, Federal Deposit Insurance Corporation, as Receiver of National Bank of Washington, Riggs National Bank, Appellees.

United States Court of Appeals, District of Columbia Circuit.

Decided July 1, 1994.

Attorney(s) appearing for the Case

David R. Levinson, Washington, DC, argued the cause, for appellants. With him on the briefs was Lucinda M. Finley, Buffalo, NY.

Jaclyn C. Taner, Counsel, F.D.I.C., Washington, DC, argued the cause, for appellees. With her on the brief were Ann S. DuRoss, Asst. Gen. Counsel, Colleen B. Bombardier, Sr. Counsel, and Lawrence H. Richmond, Counsel, F.D.I.C., Washington, DC.

Before: WALD, SILBERMAN and RANDOLPH, Circuit Judges.

Opinion for the Court filed by Circuit Judge SILBERMAN.

SILBERMAN, Circuit Judge:

Appellants, a union and the terminated bank employees it represents, appeal the district court's determination that the FDIC, as receiver, is not liable for severance payments under a collective bargaining agreement that the agency repudiated. We reverse.

I.

The National Bank of Washington and the Union were parties to a collective bargaining agreement that...

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